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Technology Stocks : Ampex Corporation (AEXCA)
AMPX 11.20+3.0%1:38 PM EST
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To: Rob Palmer who wrote (5502)2/15/1999 5:58:00 PM
From: Michael Olds  Read Replies (1) of 17679
 
There's a gap, OK, but saying it must be filled is a little too rigid for my book. Hum.

I see two gaps on my daily chart: 1/22-1/25 at 2-2.1/16 and 1/25-1/26 at 2.5/8--2.7/8 Highs to Lows.

I am still trying to puzzle out the supposed psychology for the need to close a gap. Not denying that it does happen, but to insist on it, especially in a case where the fundamentals changed so radically as in this case is an example of what we were talking about in the previous few posts. Silly.

Best, MO
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